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via The Block · By The Block Editorial

Sequans sells 1,025 bitcoin to fund debt redemption and buybacks as revenue drops 24.8%

BTC

BTC/USDT

$63,168.41

+0.08%

$63,168.41

+0.08%

(24s)

24h Volume

$2,828,320,254.67

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.8%

Long: 68.8%Short: 31.2%

Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,140.05

▲ 0.09%

Volume (24h): -

Resistance Levels

Resistance 3$66,088.35

Resistance 2$64,507.45

Resistance 1$63,398.11

Price$63,140.05

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.7

The Block Editorial

(02:24 PM UTC)

1 min read

Approved bySarah Chen

0 comments

Paris-based Sequans Communications trimmed its bitcoin (BTC) holdings by nearly half during the first quarter, selling 1,025 BTC to finance convertible debt redemptions and an ADS buyback program.

The transaction reduced the firm’s total digital asset reserves from 2,139 BTC at the end of 2025 to 1,114 BTC by the close of April, it said in a statement on Tuesday. Of the remaining bitcoin…

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Source

The Block Editorial · The Block

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